SEC Form 4 · accession 0001209191-15-026262
CERNER CORP /MO/ · CERN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Nill
Officer — Exec VP & COO
Period of report
Mar 12, 2015
Accepted (ET)
Mar 16, 2015 · 7:07 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000804753
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 12, 2015 | A | 18,000 | $0.00 | A | 151,006 | D | |
| Common Stock | holding | — | — | — | 12,298 | I | by 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F5,F4 | $70.91 | Mar 12, 2015 | A | 73,000 | A | Mar 12, 2017 | Mar 12, 2025 | Common Stock | 73,000 | 73,000 | D |
| Common Stock (Restricted) | $0.00 | holding | — | — | — | Jun 1, 2013 | Jun 1, 2015 | Common Stock | 16,000 | 16,000 | D |
| Non-Qualified Stock Option | $11.58 | holding | — | — | — | Apr 25, 2010 | Apr 25, 2018 | Common Stock | 50,000 | 50,000 | D |
| Non-Qualified Stock Option (right to buy) | $9.18 | holding | — | — | — | Mar 6, 2011 | Mar 6, 2019 | Common Stock | 110,000 | 110,000 | D |
| Non-Qualified Stock Option (right to buy) | $38.43 | holding | — | — | — | Mar 9, 2014 | Mar 9, 2022 | Common Stock | 80,000 | 80,000 | D |
| Non-Qualified Stock Option (right to buy) | $44.615 | holding | — | — | — | Mar 1, 2015 | Mar 1, 2023 | Common Stock | 80,000 | 80,000 | D |
| Non-Qualified Stock Option (right to buy) | $60.37 | holding | — | — | — | Mar 7, 2016 | Mar 7, 2024 | Common Stock | 73,000 | 73,000 | D |
Explanation of responses
- F1Issuance of Restricted Stock Grant pursuant to Cerner Corporation 2011 Omnibus Equity Incentive Plan - Performance Based Restricted Stock Agreement. Such shares are eligible for vesting on 06/01/2018, subject to reduction pursuant to subjective performance criteria.
- F2This transaction represents a grant of restricted common stock to the reporting person by the issuer. Therefore, no consideration other than the value of services rendered was paid for the security.
- F3Includes 54,000 shares of restricted common stock.
- F4Options are exercisable per the following schedule: 40% - 03/12/2017, 20% - 03/12/2018, 20% - 03/12/2019, 20% - 03/12/2020.
- F5This transaction represents a grant of options to the reporting person by the issuer. Therefore, no consideration other than the value of services rendered was paid for the security.